Baltimore Pension Funds to Divest From Fossil Fuels
The city council will also consider a legislative package aiming to tackle climate change.
Tag: divest
Asset Allocation
Boston University Joins Harvard in Divesting From Fossil Fuels
The $3 billion endowment, which eliminated coal and tar sand investments in 2016, will phase out crude oil and natural gas immediately.
Maine Becomes First State to Pass Fossil Fuel Divestment Bill
The state pension fund has more than $1 billion invested in companies such as Chevron, Exxon, and ConocoPhillips.
Pensions
NY Bill Would Divest Teachers’ Pension from Fossil Fuels
A report says the state teachers’ fund has more than $300 million in coal investments.
Asset Allocation
Nearly 50 Religious Institutions Divest From Fossil Fuels
A group of mostly Catholic organizations follows Pope Francis’ call for decarbonization of economies.
Asset Management Culture
Scottish Widows to Divest £440 Million from Firms That Fail ESG Standards
UK insurance and pension provider targets companies that it says pose the most severe investment risks.
Asset Allocation
Cambridge University to Divest from Fossil Fuels by 2030
University also vowed to reduce its greenhouse gas emission to zero by 2038.
Alternatives
Australia’s Second Largest Pension to Divest from Thermal Coal
The fund also said it will reduce emissions from its listed equities by at least 30% in under three years.
Asset Allocation
Vatican Calls for Catholics to Divest from Fossil Fuels
Church urges its 1.2 billion members to invest in renewable energy and to monitor mining activities.
Asset Allocation
University of California Now Fossil Fuel Free, Cornell Votes to Halt Carbon Investments
Downturn in traditional energy sector helps spur universities’ shift to clean energy projects.
Alternatives
Swedish Pension AP1 Divests From Fossil Fuels
$35.8 billion fund says investing in coal, oil, natural gas companies is too risky.
Asset Allocation
Harvard Faculty Divestment Vote Unlikely to Sway Endowment
The university’s management firm has resisted pressure to divest its $41 billion portfolio from fossil fuels.
Asset Allocation
University of British Columbia to Divest C$380 Million from Fossil Fuels
President declares climate emergency, but activists say it isn’t enough.
News
Norway Pension to Exclude UK Security Firm G4S
Fund says firm is risky due to ‘systematic human rights violations.’
Asset Allocation
Norway’s Largest Pension Fund Divests from Oil Sands
KLP excludes firms such as ExxonMobil’s Imperial Oil from $81 billion portfolio.